NEW YORK, Sept. 17, 2021 - According to the latest market research report titled Cooking Wine Market by End-user (Households and Commercial) and Geography (Europe, North America, APAC, South America, and MEA) from Technavio, the market is expected to expand at a healthy CAGR of 8.63%. The growth can be mainly attributed to the surging growth of the wellness industry.

Impact of COVID-19
The cooking wine market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, the market is likely to grow in 2021 when compared to 2020.

Frequently Asked Questions:

Based on segmentation by End-user, which is the leading segment in the market?
The households segment is the leading end-user segment in the market.
What will be the share of the European market during the forecast period?
43% of the market's growth will originate from Europe during the forecast period.
What is the growth potential of the cooking wine market?
The cooking wine market has the potential to grow by USD 5.92 billion during 2021-2025.
What is the year-over-year growth rate of the market in 2021?
In 2021, the year-over-year growth rate of the market has been estimated at 8.04%.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. In a bid to help players strengthen their market foothold, this cooking wine market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. AAK AB, B and G Foods Inc., Batory Foods, De Vinco Co., ECOVINAL SL, Eden Foods Inc., Elegre Pty Ltd., Foshan Haitian Flavoring and Food Co. Ltd., LinChen Inc., and Marina Foods Inc. are some of the major market participants.

Although the increasing application and demand for cooking wine in the food industry, increasing use of online sales channels, and growing awareness regarding the health benefits of cooking wine will offer immense growth opportunities, adverse climatic conditions affecting wine production are likely to pose a challenge for the market vendors.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Cooking Wine Market 2021-2025: Segmentation
Cooking Wine Market is segmented as below:

End-user
Households
Commercial
Geography
Europe
North America
APAC
South America
MEA
Cooking Wine Market 2021-2025: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The cooking wine market report covers the following areas:

Cooking Wine Market Size
Cooking Wine Market Trends
Cooking Wine Market Industry Analysis
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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Cooking Wine Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist cooking wine market growth during the next five years
Estimation of the cooking wine market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the cooking wine market across Europe, North America, APAC, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of cooking wine market vendors
Table of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis
Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025
Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End-user

Market segments
Comparison by End-user
Households - Market size and forecast 2020-2025
Commercial - Market size and forecast 2020-2025
Market opportunity by End-user
Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2020-2025
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
Vendor Landscape

Overview
Landscape disruption
Vendor Analysis

Vendors covered
Market positioning of vendors
AAK AB
B and G Foods Inc.
Batory Foods
De Vinco Co.
ECOVINAL SL
Eden Foods Inc.
Elegre Pty Ltd.
Foshan Haitian Flavoring and Food Co. Ltd.
LinChen Inc.
Marina Foods Inc.
Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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